Explore Similar Condos Within 25 Miles of Norwood, NC

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Why Live in Norwood

Norwood, NC, located about 10 miles south of Albemarle, is a small town known as “The Gateway to Lake Tillery.” This proximity to Lake Tillery offers residents year-round lakeside activities such as kayaking, boating, and fishing. Norwood features a modest downtown area with local businesses, including an ice cream shop, a bank, and a hardware store. Dining options include Lantern Sushi and The Boat House on Lake Tillery, which provides casual waterfront dining. The town hosts community events like the Arbor Day Festival every April, featuring vendors, food trucks, local bands, a 5K, and a car show. Norwood has received a $1.6 million Community Development Block Grant for home renovations, reflecting ongoing revitalization efforts. Housing in Norwood ranges from ranch-style homes in the town center to million-dollar waterfront properties in gated communities like Edgewater on Lake Tillery and Eagle Pointe. Edgewater residents enjoy amenities such as a private Olympic-sized swimming pool, a community clubhouse, and a recreation center. Outdoor enthusiasts can explore nearby Uwharrie National Forest and Morrow Mountain State Park, which offer hiking trails, camping sites, and boat rentals. Stanly County Schools serve the area, providing highly rated education from elementary to high school. For shopping, residents can visit local stores or drive to Albemarle for more options like Walmart Supercenter and Lowe’s. U.S. Route 52 connects Norwood to regional cities and services, including Atrium Health Stanly hospital 15 miles away and Charlotte Douglas International Airport 60 miles west.

Home Trends in Norwood, NC

Housing Trends

Median Sale Price
$325,000
Median Single Family Sale Price
$470,000
Average Price Per Sq Ft
$264
Number of Homes for Sale
62
Last 12 months Home Sales
65
Months of Supply
11.40
Median List Price
$484,950
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
15%
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